Alternative investment multi-manager platform Cinctive Capital Management has added a new global long/short quantitative trading capability, run by Olympiad Research founder and chief investment officer Thong Nguyen.

The New York-based firm launched in September 2019, beginning with a focus on fundamental global equity investments and adding a macro strategy, trading FX, G20 rates, relative value, volatility and commodities, in June 2022 run by ex-Millennium and Brevan Howard money manager Giles Coppel.

“Thong and his team are a strong complement to Cinctive as we continue to build out our platform in seeking uncorrelated results and diversification for our investors,” said Rich Schimel, Co-Founder and Co-Chief Investment Officer of Cinctive.

Prior to founding Olympiad Research in 2019, which was previously known as Keebeck Alpha, Nguyen led a quantitative trading team at Spring Creek Capital, which ran strategies across equity market neutral, global macro, credit and intraday equities and futures.

Nguyen also managed portfolios at Bank of America Securities, AlphaSimplex, Credit Suisse, Black Forest Trading and Verition.

Nguyen said: “Cinctive has built an impressive multi-manager platform with a unique collaborative and research focused culture. I am excited to partner with them as we collectively seek to expand investment solutions available to investors through a quantitative approach,” added Nguyen.

Cinctive has over $1 billion in commitments from institutional allocators, including a strategic partnership with the Employees Retirement System of Texas and PAAMCO Launchpad, a subsidiary of PAAMCO Prisma.